Once goods in a contract have been identified the buyer holds an insurable interest in them.

Name: Once goods in a contract have been identified the buyer holds an insurable interest in them.
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Question

Quizplus · Accepted Answer

Once the goods in a contract have been identified, the buyer has an insurable interest in them. This means that if the goods are damaged or destroyed before delivery, the buyer can claim compensation from the insurer.

Once Goods in a Contract Have Been Identified the Buyer